Chapter 12 Flashcards Preview

Entrepreneurship - MGT602 > Chapter 12 > Flashcards

Flashcards in Chapter 12 Deck (8)
Loading flashcards...
1
Q

How much laws are for international entrepreneur

A

150

2
Q

How much are strategic issues

A

4

3
Q

Does decision power important for entrepreneur

A

Yes

4
Q

What is market assumption

A

Make target for business and review the progress periodically

5
Q

What is quality control

A

Make a thing according to its specification

6
Q

What are the options for entering into international market

A
  • Direct export
  • Indirect export ( company make office in pakistan and get production from here and send it to its homeland )
  • Licensing (franchise)
7
Q

What is synergy

A

Synergy means that the whole is greater than the sum of its part. 1+1 = 3

8
Q

What is contract management

A

Provide management on contract to some company